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The SACE Group, Banca Sistema and Rekeep, the leading integrated facility management company in Italy, announce a significant transaction of €60m to support the liquidity and stability of the supply chain of Rekeep, which delivers integrated facility management services throughout the country and abroad.
05/05/2023
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Kingsway Finance, part of Praetura Group’s lending division, has announced a new £10m block discounting funding facility from British Business Investments.According to the British Business Bank’s Small Business Finance Markets Report, access to finance is one of the most significant challenges smaller businesses face in developing and expanding their business. This new £10m facility from British Business Investments will enable Kingsway Finance to increase its funding capacity to small and medium-sized businesses across the UK.
05/05/2023
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TriLinc Global Impact Fund, LLC (TGIF) announced today that it recently acquired approximately US$922,061 of participations in two trade finance transactions in one facility, bringing total financing commitments as of March 31, 2023, to approximately US$398.5m for business expansions and socioeconomic developments through its holdings in Sub-Saharan Africa, Latin America, Southeast Asia, and Emerging Europe.
04/05/2023
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The Central and Eastern European (CEE) region has undergone significant economic changes over the past three years. A great heterogeneity, various support measures and legal changes have impacted significantly the insolvency trends.
04/05/2023
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Capital efficiency firm 1TCC™ today unveiled its supply chain management solution and integrated inventory funding program to several hundred bankers and financiers at the Bankers Association for Finance and Trade (BAFT) Global Annual Meeting 2023 in San Francisco.“With the 1TCC™ platform, we can offer our bankers a joint strategy to expand and diversify their product portfolio, penetrate the multi-trillion-dollar inventory holding market, and capture new segments”.
04/05/2023
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Finverity, the leading trade and supply chain finance digital ecosystem, announces the appointment of Symmie Swil as Head of Operations. The appointment comes as Finverity continues to invest in operational excellence on the back of its recently announced $5m equity fundraise and 15x revenue growth in 2022.
04/05/2023
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RFIx23 Awards is celebrating its best year for submissions, with nearly double the number in 2022.
03/05/2023
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Lendscape, the world's leading technology provider for all forms of secured finance, has named
03/05/2023
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With all due respect to Horace Greeley, recently published data by the IMF confirms that global economic growth will be centered largely in Asia region and all trends point to continued future expansion in this key part of the globe.
03/05/2023
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Triterras Inc. (Triterras), a leading fintech company focused on trade and trade finance, today announced the resignation of Kenneth Stratton, member of the Board of Directors, effective April 30, 2023.Mr. Stratton commented, “I truly enjoyed my service as a Director at Triterras and am saddened to leave for personal reasons. I wish the company every success in the future.“
03/05/2023
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This year is likely to see significant developments in pursuing ESG goals by the world’s leading banks. A survey of 250 global banks by Finestra shows that there is increasing practical commitment by these banks to implementing ESG priorities in 2023 and 2024. Three out of four global banks are planning to increase their ESG exposure by at least 16 per cent in the next 12 to 18 months.
02/05/2023
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Citi’s Treasury and Trade Solutions (TTS) has expanded its relationship with Treasury Intelligence Solutions (TIS), a global leader in cloud-native cashflow, liquidity, and payment solutions. Joint clients may now, through Citi, gain access to TIS' innovative cash forecasting and working capital platform, enhancing Citi's end-to-end solutions suite across its market-leading global banking network.
02/05/2023
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Basware, a leader in making accounts payable (AP) automation and invoice processing happen, announced the latest innovation in AP automation processes by introducing SmartPDF with self-validation. SmartPDF extracts data from PDF invoices and turns roughly 80 per cent into real e-invoices automatically. The rest are exception invoices that need user guidance to be processed.
28/04/2023
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New strategic technology partnership to deliver greater efficiencies for finance providers and accelerate access to working capital for SMEs.
28/04/2023
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Accelerated Payments, an Irish invoice finance fintech, has announced the launch of a trade finance product called AP Trade Finance. The new product will support global development of the company which has offices in Dublin, London, Toronto, and Florida.
28/04/2023
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